Advanced Driver Assistance System and Autonomous Driving: Which Factors Trigger Growth in This Space?
Automated parking and increased penetration of eyes-off driving technologies will ensure the future growth potential of the autonomous driving industry
Overview
The automotive industry faces many challenges, such as regulatory hurdles, semiconductor shortages, and geopolitical chaos. Original equipment manufacturers (OEMs) and value chain partners are realigning their product strategies, road maps, and launch timelines to adapt to these challenges.
They have rerouted investments to develop and deploy hands-off and eyes-off driving technologies in production vehicles for short-term returns.
What significant megatrends in the automotive landscape drive demand for the adoption of advanced driving technologies and pave the way for growth?
In what ways are OEMs in the US, Japan, China, Korea, and Europe aligning their product roadmaps and growth strategies to meet consumer demand for advanced autonomous driving capabilities?
What growth opportunities do automated parking solutions present for OEMs and technology providers in the autonomous driving landscape?
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